– MARKET UPDATE –
Hello hello!
I hope you’re all enjoying the week leading up to the holidays, finding time to unwind and do what brings you joy. I spent the weekend in Truckee, soaking up the atmosphere at Squaw Valley and watching skiers and snowboarders take well-earned breaks between runs. In real estate news, while this time of year often brings a seasonal slowdown, activity hasn’t come to a halt. We've been busy connecting with clients and previewing a few exciting off-market opportunities—there’s still momentum for those eager to make a move! There are currently 68 active properties on the market and 52 pending properties.
Over the past two weeks, we have seen the following:
- 7 new listings came on market
- Median active price $459,000
- 10 listings went pending
- Median pending price $537,500
- 3 of the pending listings received multiple offers
- 17 listings closed escrow
- Median closed price $576,737
- 7 closings received multiple offers
- 6 closings were under the list price
- 2 were VHA financing, 2 FHA and the remainder were conventional financing
For reference, during the same time period last year there were 16 closings, the median price was $629,498, and 1 closing was cash! The next newsletter will be January 9th, 2025.
To access the Refresh Newsletter featuring neighboring communities, click or scan the QR codes at the bottom of this email.
Image description: Metrolist Chart showing active and pending listings in Davis
– NEARBY HAPPENINGS –
Theatre of Lights | Nov 27-Dec 24th various dates/times | Old Sacramento Waterfront
Theatre of Lights is a free, family-friendly performance retelling “Twas the Night Before Christmas” in a uniquely Sacramento way on the rooftops of the Old Sacramento Waterfront. Produced by Downtown Sacramento Partnership, the shows are Fridays and Saturdays starting Thanksgiving Eve (no show on Thanksgiving), with two irregular show dates occurring on Monday, December 23rd, and Tuesday, December 24th.
For more information go to: https://www.oldsacramento.com/event/theatre-lights
– PICK OF THE WEEK –
German Pancakes Recipe
Picked by Lori Prizmich
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P.S.
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